14 June 2013

The Washington Post estimates that Obama's Africa trip could cost $60 million to $100 million, citing a person familiar with the details who cited previous presidential missions to Africa.

And why shouldn't the Celebrity-in-Chief do Africa... it's not like he has any other pressing matters on his... wait a minute...

ROMULUS, Mich. - Detroit's emergency manager says the city is defaulting on about $2.5 billion of debt. Kevyn Orr said Friday that Detroit is asking creditors to take about 10 cents on the dollar of what they're owed. Underfunded pension claims will get less.

He has instituted a moratorium on all of Detroit's payments on unsecured debt, seeking forgiveness of millions of dollars owed by the city.

Isn't California also going down the shitter?

Sure puts that extra 40 billion dollars in Ontario's Liberal party budget in a new light.